Peachcap Tax & Advisory, LLC (Atlanta)

Name: Peachcap Tax & Advisory, LLC
Address: 550 Pharr Rd., Atlanta, GA, 30305
Telephone: 404-220-8958

Peachcap Tax & Advisory, LLC is a large advisory firm based in Atlanta. It manages $93.94 million of regulatory assets for 430 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of California, District of Columbia, Florida, and 10 other states.

Peachcap Tax & Advisory provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and selection of other advisers. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Peachcap Tax & Advisory: assets under management

The assets under management (AUM) of Peachcap Tax & Advisory, LLC is $93.94 million. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $92.51 million in discretionary accounts and $1.43 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $231.27 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $47.75 thousand.

Peachcap Tax & Advisory has custody of $6 million in cash and securities for 56 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 80% of the total AUM. The second-largest asset type is non-exchange traded securities, which make up 5% of the firm’s portfolio. Investments in state and local bonds form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Peachcap Tax & Advisory, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Peachcap Tax & Advisory serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Peachcap Tax & Advisory is individuals with 377 clients and $71.28 million of assets under management. Among the 4 most similar advisory firms, Peachcap Tax & Advisory has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $93.94 million for 400 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Peachcap Tax & Advisory doesn't advise any private funds.

Careers at Peachcap Tax & Advisory, LLC

The company employs 16 people that are either part- or full-time employees. 44 percent of the employees work as investment advisers or researchers. 7 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
David Harrison Miller	Managing member	1 Jul 2011	75% - 100%	4648882
Gary Steven Schwartz	Chief compliance officer	1 May 2017	Other	2691699
Wonhee Cho	Chief compliance officer	1 Oct 2018	Other	5903574

Based in Atlanta

The principal office where Peachcap Tax & Advisory, LLC performs its advisory services is located at 550 Pharr Rd., Atlanta, GA 30305, which is also the mailing address of the firm. An additional office of the firm is in Rolling Meadows, IL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 404-220-8958 or by fax 678-909-0433. The normal business hours are 7:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at peachcap.com.